Burke Index |
RESEARCH 11.01.2026, 10:52 Generalized Delegation We provide a general sufficient theorem to solve the delegation problem with and without money burning. For interval allocations, our main theorem relaxes the conditions obtained in previous literature. Significantly, our theorem extends beyond this, successfully addressing cases with discontinuous allocations. We demonstrate the theorem’s power through examples, connecting with existing results and uncovering novel optimal allocation structures. |

